Binance Bitcoin
Binance Bitcoin is a anchor btc project on Bitcoin. Its team publishes little about how it works, what it costs or how funds are secured, so treat it with care.
Key facts
| Category | Anchor Btc |
|---|---|
| Chains | Bitcoin |
| Status | Unknown |
| TVL | about $5,159,380,872 |
| Official site | Listed |
| Updated |
We have not published a full rating of Binance Bitcoin yet. Until we do, this page shows the key facts we hold, plus similar platforms you can compare it with.
Compare
Binance Bitcoin alternatives
OKX xBTC offers stated 1:1 Bitcoin backing across supported networks, but using it means trusting OKX with custody and redemption.
Function FBTC brings tokenized Bitcoin into DeFi vaults, but check its backing, redemption terms and vault risks before depositing.
Solv offers tokenized Bitcoin and DeFi yield products, but check its backing evidence, fees and redemption terms before depositing.
cirBTC brings Circle’s stated 1:1 BTC-backed token to Ethereum, but check custody, redemption and fees before using it.
WBTC brings a Bitcoin-linked token to Ethereum DeFi, but check its reserve, redemption and conversion details before using it.
Bitlayer YBTC connects BTC to DeFi, but unclear fees and limited listed audit coverage make checking bridge and redemption risks essential.
Same category
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SatLayer offers BTC and liquid staking token restaking on Babylon Genesis, but check vault fees, withdrawal rules and risks before depositing.
BitFi offers bfBTC and bfUSD yield strategies, but unclear fees, withdrawals and audit details make it hard to assess before depositing.
Bedrock uniBTC offers liquid exposure to BTC staked into Babylon, but unclear fees, redemptions and security details call for caution.
Hermetica hBTC advertises 1.0% APY on Stacks, but check its yield sources, fees and withdrawal terms before joining.
ExSat describes a BTC-backed token, but its current site does not clearly explain ESBTC terms or redemption; confirm the exact product before depositing.
YBTC.B offers a cross-chain use case for Bitlayer Native BTC, but check its backing, fees and redemption route before depositing.
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More on Bitcoin
Bitvavo offers euro funding, 400+ crypto assets and Pro Mode, but check withdrawal terms and the separate risks of staking and leverage.
GetBlock suits teams needing multi-chain RPC and data services, but check usage billing, coverage and SLA terms before relying on it in production.
THORChain enables self-custody swaps across supported chains, but variable fees and protocol risks make quote-checking essential.
NBX offers NOK crypto markets and BankID onboarding, but check current fees, card availability and custody terms before funding an account.
Coinsquare offers Canadians crypto trading and staking, but check fees, withdrawal rules and custody risks before depositing.
Garden swaps Bitcoin and other crypto across listed chains without wrapped BTC, but check the live quote and refund conditions first.
How we checked
Sources
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